Hewlett Packard Enterprise Company (HPE)

If we speak about undervalued stocks, $HPE comes to my mind.. Watching and holding the stock now for a year..

To my beliefs, $HPE, one of the biggest players in IT Equipment in corporate environments. They haven't made their way up (again) yet, but companies have been 'stressed' about their networks. "It works, so let's keep it running"! Soon companies will HAVE to renew their infrastructure.

From trader perspective, you agree with me that $HPE is undervalued?

AMD scored 'huge' win for El Capitan supercomputer, says Rosenblatt Rosenblatt analyst Hans Mosesmann noted that AMD (AMD) announced yesterday that it would be supplying both EPYC CPUs and Radeon GPUs in the DOE's 2 exaflop capable El Capitan supercomputer, which is a win that he called "huge." The El Capitan win "has immense implications for HPC/supercomputing markets" because next generation supercomputing architectures are leading indicators for where hyperscale and PC compute platforms are headed, argues Mosesmann. He also suspects the Street is not registering is that these contracts were expected to go to the pair of IBM (IBM) and Nvidia (NVDA) and/or to Intel (INTC), the analyst contends. The El Capitan win is an important element of the AMD story being much more than a market share gain one, contends Mosesmann, who keeps a Buy rating and $65 price target on AMD shares. AMD $HPE $IBM $NVDA $INTC

As software eats hardware phenomena continues to take hold, next 10 years will be very interesting to watch. The need for beefy and custom hardware for specific workloads doesn't arise as software becomes more capable and intelligent.
Dell, HPE and other server vendors shrink going forward and their margins shrinking much faster. What HPE and Dell are doing right now is to move into subscription model and convert their existing customers into monthly subscribers based on beefy and expensive hardware. Eventually, they will use software and replace expensive hardware beneath with cheap commodity servers. But they will still get paid higher for their hardware. Smart move, if they actually do it. In this next 10 years journey Dell, HPE, VMware and Nutanix will have bright future assuming they can put brakes to big 5 AWS, azure, Google, Oracle and Alibaba.

In this journey HPE and Nutanix seems far ahead and Dell/VMware has few hurdles to cross.
This is a very simplistic take, but I am positive that every enterprise will take advantage of innovation already at play with AWS, google, Facebook etc.
What $csco will do here, I have no idea.
$dell, $hpe, $vmw

$NLOK $HPQ $HPE $DELL $XRX
The Death Of The PC Has Been Greatly Exaggerated
https://seekingalpha.com/article/4340218-hp-inc-death-of-pc-greatly-exaggerated?sht=q9gfs8&shu=ou534

$NLOK is a strong buy to complement the desktop PC/laptop boom. Advertising will be dirt cheap. Consumer software and PC hardware will benefit from Covid. Work from home will support and create demand for all types of users to secure their computers and devices. For people out of work or small businesses under stress, they will definitely need a desktop PC to do their unemployment apps, PPP apps, SBA apps, loan apps, and work that can't be done on mobile devices. By the way, with all the financial and personal information floating around, all types of users (from individuals and businesses to govt) will need NLOK protection. Many people had problems filing for unemployment benefits because someone stole their identity.

$NLOK Identity-theft and cybersecurity impacts of the coronavirus and beyond. How Covid-19 is creating data breaches: https://www.govtech.com/blogs/lohrmann-on-cybersecurity/how-is-covid-19-creating-data-breaches.html

https://www.cnet.com/news/filing-for-unemployment-after-coronavirus-layoffs-some-are-victims-of-identity-theft/

below is from referenced HPE transcript, note the key words may have peaked doesn't say it has. so it could have already or is close to the peak

"From a macro perspective, IT spending continues to be healthy, with robust customer demand, the market remains competitive but pricing remains rational, and we continue to pass through commodities costs. DRAM cost increases appear to have peaked; and NAND prices while less of an impact on our portfolio have become more favorable."

Hewlett Packard Enterprise (HPE) CEO Antonio Neri on Q3 2018 Results - Earnings Call Transcript https://seekingalpha.com/article/4202716?source=ansh $HPE